InnovAge (NASDAQ:INNV – Get Free Report) and Teladoc Health (NYSE:TDOC – Get Free Report) are both small-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, risk, analyst recommendations, valuation, institutional ownership and profitability.
Institutional and Insider Ownership
12.3% of InnovAge shares are owned by institutional investors. Comparatively, 76.8% of Teladoc Health shares are owned by institutional investors. 1.0% of InnovAge shares are owned by company insiders. Comparatively, 0.6% of Teladoc Health shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Analyst Recommendations
This is a summary of recent ratings and target prices for InnovAge and Teladoc Health, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| InnovAge | 2 | 0 | 0 | 0 | 1.00 |
| Teladoc Health | 1 | 11 | 5 | 0 | 2.24 |
Profitability
This table compares InnovAge and Teladoc Health’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| InnovAge | -1.96% | -7.02% | -3.31% |
| Teladoc Health | -8.84% | -10.59% | -4.77% |
Risk and Volatility
InnovAge has a beta of 0.57, meaning that its stock price is 43% less volatile than the S&P 500. Comparatively, Teladoc Health has a beta of 2.04, meaning that its stock price is 104% more volatile than the S&P 500.
Earnings & Valuation
This table compares InnovAge and Teladoc Health”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| InnovAge | $884.66 million | 0.77 | -$30.31 million | ($0.13) | -38.69 |
| Teladoc Health | $2.53 billion | 0.53 | -$1.00 billion | ($1.28) | -5.93 |
InnovAge has higher earnings, but lower revenue than Teladoc Health. InnovAge is trading at a lower price-to-earnings ratio than Teladoc Health, indicating that it is currently the more affordable of the two stocks.
About InnovAge
InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.
About Teladoc Health
Teladoc Health, Inc. provides virtual healthcare services worldwide. The company operates through Teladoc Health Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical, specialty medical, chronic condition management, and mental health, as well as enabling technologies and enterprise telehealth solutions for hospitals and health systems. The BetterHelp segment operates a mental health platform that provides online counseling and therapy services through website, mobile applications, phones, and text-based interactions by its licensed clinicians. The company offers its products and services under the Teladoc, Livongo, and BetterHelp brands. It serves employers, health plans, hospitals and health systems, and insurance and financial services companies, as well as individual members. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. Teladoc Health, Inc. was incorporated in 2002 and is headquartered in Purchase, New York.
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